| Abbreviation/term |
Abbreviation/terme |
| ALS |
Automatic load-shedding |
| AMI |
Advanced Metering Infrastructure, advanced metering and billing systems with two-way metering and billing |
| Balancing market |
Technical market operated by TSOs. Its objective is to ensure real-time balancing of demand for electricity and its production in the Polish Power System (NPS) |
| BAT |
Best Available Techniques – a document drawing conclusions on best available techniques for the installations concerned and indicating the emission levels associated with the best available techniques. |
| Biomass |
Energy-containing material formed from organic matter such as plant and animal waste and residues |
| CDS (Clean dark spread) |
Difference between revenue from sales of electricity produced and the variable costs related to production of that electricity (unit CO₂ cost and unit cost of coal including transportation). |
| Circular economy (GOZ) |
A concept, in which products, materials and raw materials remain in economy for as long as possible and waste, if created, is treated as secondary resource. |
| CO2 |
Carbon dioxide |
| Combined heat and power generation |
A technological process of simultaneous generation of electricity and useful thermal energy in a CHP plant |
| Compliance |
Assurance of compliance of the organization’s activities with the applicable law and internal regulations. |
| COSO |
American private sector organization (Committee of Sponsoring Organizations of the Treadway Commission). According to COSO, auditors and internal inspectors monitor and issue opinions on a company’s internal controls and impartially verify compliance with them |
| CSR (Corporate Social Responsibility) |
Corporate Social Responsibility. Responsibility of an organization for the impact exerted by its decisions and actions on society and the environment; it is ensured by transparent and ethical conduct, which:
- contributes to sustainable development, including wellbeing and health of the society,
- takes stakeholder expectations into account,
- complies with the applicable law and consistent with international standards of conduct,
- is integrated with the organization’s activities and is practiced in its relations.
|
| DAM |
Day-Ahead Market (DAM) has been operating since 30 June 2000. It is a spot electricity market in Poland. Since the beginning of quotation, DAM prices are a benchmark for energy prices in bilateral contracts in Poland. The DAM is intended for the companies that want to actively and safely close their electricity purchase/sales portfolios on an ongoing basis at particular hours of the day |
| DSO |
Distribution System Operator |
| Employee Council |
Employee representation body established by the Act of 7 April 2006 on Informing Employees and Consultations with Them (Journal of Laws 2006 No. 79 Item 550). Employee Council should be established in employers who conduct business activity and have at least 50 employees. This obligation does not apply among others to employers subject to the provisions of the Act who had signed, by 24 May 2006, an agreement with employee representatives ensuring the degree of information and consultation at least equal to the conditions required by the act. |
| Employer branding |
Activities undertaken by a company to build its image as an attractive employer. |
| Energy Law |
Act of 10 April 1997 – Energy Law (Journal of Laws 2019 Item 755). |
| EP |
Environmental Policy |
| ESG |
Set of issues related to business sustainability. The abbreviation ESG refers to the three fundamental sustainability pillars: environment (E), society (S) and governance (G). ESG issues currently serve as the primary point of reference for non-financial business reporting |
| EU Taxonomy |
Rozporządzenie Parlamentu Europejskiego i Rady (UE) 2020/852 z dnia 18 czerwca 2020 r. w sprawie ustanowienia ram ułatwiających zrównoważone inwestycje |
| EUA |
EU Emission Allowance – emission allowance under the European Emissions Trading System. |
| FDIR (Faul Detection, Isolation, Restoration) |
Fault Detection, Isolation, Restoration, a system enabling automatic detection of faults, isolation of the damage site and restoration of power supply. |
| FGD |
Flue gas desulfurization and heavy metal reduction installation |
| Forward market |
Electricity market where forward products are listed |
| GWh |
Gigawatt-hour |
| HR |
Human resources |
| HV |
High voltage grid. An electric power transmission grid, in which the phase-to-phase voltage ranges from 60 to 200 kV (in Poland: 110 kV). This grid is used to transmit electricity over large distances |
| IED |
Directive 2010/75/EU of the European Parliament and of the Council of 24 November 2010 concerning industrial emissions. It tightens the standards for emissions of sulfur dioxide, nitrogen oxides and dust from combustion plants. |
| Internal Collective Bargaining Agreement |
An agreement between an employer and trade unions, which defines, among others, duties of the employer towards employees and guaranteed employee rights. |
| IT |
Information technology. Computer hardware and software as well as tools and other techniques related to the collection, processing, transmission, storage, protection and presentation of information |
| kV |
Kilovolt |
| Location-based method |
A method of estimating Scope 2 greenhouse gas emissions, which uses the average emission intensity in a given geographic region. |
| LV |
Low voltage grid supplying individual users with 50 Hz alternating current at 230 V phase voltage |
| Mg |
Megagram, or a ton |
| Mobbing |
Bullying, persistent harassment and intimidation, psychological violence against a subordinate or co-worker in the workplace. |
| MWe |
Megawatt of electrical power |
| MWt |
Megawatt of thermal power |
| MWh |
Megawatt-hour (1 GWh = 1,000 MWh) |
| MV |
Medium voltage grid, in which the phase-to-phase voltage ranges from 1 kV to 60 kV |
| Nm3 |
Normalized cubic meter of gas, i.e. the number of cubic meters that the gas would occupy in normal conditions. |
| NOx |
Nitrogen oxides |
| OHS |
Occupational health and safety. |
| Origination |
Activity pursued by ENEA Trading, in which the company extends its wholesale trading business by adding non-standard producs, i.e. it generates revenue based on, among others, electricity purchase agreements signed by ENEA Trading with RES electricity producers (where electricity purchased by ENEA Trading is subsequently sold on the wholesale electricity market – mainly on the power exchange). |
| PKZP |
Employee Loan and Benefit Fund |
| Polish Power Exchange (POLPX) |
Poland’s only licensed commodity exchange which has served as a platform for trading in electricity, natural gas, CO2 emission allowances and property rights related to RES, cogeneration and energy efficiency since 2015 |
| Prop-Trading |
Activity pursued by ENEA Trading, in which profit is earned on contracts traded on the company’s own account on exchange markets. |
| Prosumer |
A person who generates electricity from renewable energy sources for own needs using a micro-installation, capable of storing energy and transferring surplus energy to the power grid |
| PSZW |
The only location permit for the erection and use of artificial islands, structures and devices for offshore wind farms. It specifies the boundaries of the body of water that can be used for the development and operation of offshore wind farms and defines all the elements that are part of an offshore wind farm that can be located in that marine area |
| PV |
Photovoltaics |
| RDF |
Refuse Derived Fuel – fuel produced from waste with a high calorific value. |
| REPowerUE |
The European Commission’s plan to reduce Europe’s dependence on Russian fossil fuels before 2030 |
| RES |
Renewable energy sources |
| SAIDI |
System Average Interruption Duration Index – index of the system average duration of a long and very long interruptions (expressed in minutes per Customer) |
| SAIFI |
System Average Interruption Frequency Index – indicator of the system average frequency of long interruptions in energy supply (expressed in the number of interruptions per Customer) |
| Scope 1 |
Direct CO₂ emissions resulting from fuel combustion in stationary or mobile sources owned by an organization or under its control, emissions resulting from manufacturing or processing or fugitive emissions of coolants. |
| Scope 2 |
Electricity indirect CO₂ emissions resulting from the generation of consumed electricity, heat, processing steam and cooling, purchased or supplied from outside |
| Scope 3 |
Other indirect CO₂ emissions created in the company’s entire value chain, e.g. in the production of raw materials, semi-finished products, management of waste, transportation of raw materials and products, business trips of employees or the use of products by final users |
| SCR (Selective Catalytic Reduction) |
Catalytic flue gas denitrification installation – it operates based on the principle of reduction of nitrogen oxides to atmospheric nitrogen on the surface of a catalyst, using substances containing ammonia |
| SDC |
Sustainable Development Criteria System Book |
| Smart Grid |
Smart electrical grids, which feature communication between all the participants on the energy market, in order to supply energy services at lower costs, enhance efficiency and integrate dispersed energy sources, including renewable energy sources |
| SO2 |
Sulfur dioxide |
| SOHO |
Segment of small enterprises running small, usually home offices (small office / home office) |
| SPOT market |
Cash market (spot) |
| Stakeholder |
A person or group of persons interested in decisions or activities of an organization. A stakeholder is anyone who influences an organization and anyone influenced by it |
| Supply chain |
A sequence of actions or parties supplying products or services to an organization. |
| Sustainable development |
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs and considers the expectations of the surrounding communities and societal, environmental and economic challenges. It enables permanent increase of the value of an organization and rational management of resources. |
| SZŚ |
Environmental management system |
| TWh |
Terawatt-hour |
| Transmission System Operator (TSO) |
Polskie Sieci Elektroenergetyczne S.A., a company wholly-owned by the State Treasury, which owns highest voltage grids and therefore is the operator of the power transmission system |
| United Nations Sustainable Development Goals |
The Sustainable Development Goals (SDGs) are a world improvement plan adopted by UN member states, covering climate, environmental, social and economic issues. They call for, among other issues, endeavors to reduce greenhouse gas emissions, preserve environmental diversity, guarantee human rights and eliminate poverty |
| Value chain |
A sequence of actions taken by a company to develop, create, sell and deliver a product or service and then provide after-sales services |
